MCRAE FARM 2
MCRAE FARM 2 is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Berry Oil Comp. It has 3 wellbores on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 62,467 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $494K, with roughly $215K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 447 barrels a month, about 149 per wellbore. Its strongest month on the record we hold was September 2025, at 1,221 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MCRAE FARM 2
- Who operates MCRAE FARM 2?
- MCRAE FARM 2 is operated by Berry Oil Comp., Railroad Commission of Texas operator number 068157.
- Where is MCRAE FARM 2?
- MCRAE FARM 2 is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43017.
- Is MCRAE FARM 2 still producing?
- MCRAE FARM 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCRAE FARM 2 is August 2026.
- How much has MCRAE FARM 2 produced?
- MCRAE FARM 2 has reported 62,467 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 3 wellbores.
- How much is MCRAE FARM 2 worth?
- The remaining production from MCRAE FARM 2 is estimated to be worth about $494K in total as of 26 August 2026, within a range of $385K to $603K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCRAE FARM 2 is a fraction of it. The estimate fits an Arps decline curve to the production MCRAE FARM 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCRAE FARM 2 is an estimate of value, not an offer and not an appraisal.
- How much income does MCRAE FARM 2 generate in a year?
- MCRAE FARM 2 is forecast to net about $215K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCRAE FARM 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Berry Oil Comp. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 43017 |
| Wellbores | 3 |
| Reported production | 62,467 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $494K |
Where MCRAE FARM 2 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.